About Us

Established in 1984, Metropolitan Partnership, Ltd. has principal operations in the Washington, D.C. metropolitan area, and throughout the Eastern U.S.  Among its most notable projects are the historic 1101 Pennsylvania Avenue/Evening Star Building, Tysons International Plaza, and Fairfax Square, all designed by Skidmore, Owings and Merrill.

 

Founding Partner: Cary Euwer

After completing graduate programs at Cornell and Harvard in 1979, Mr. Euwer joined the established and respected development firm of Cabot, Cabot & Forbes in Boston, Massachusetts. With initial training on the completion of 60 State Street and expansion of the Boston Ritz Carlton, Euwer then set up CC&F’s Washington, D.C. office to develop the 427,000 sf 1201 Pennsylvania Avenue. With the completion of this Pennsylvania Avenue landmark, Euwer obtained the development rights to a prime block in Baltimore’s Inner Harbor. That development, known as 250 West Pratt Street, commenced construction of its 26-story tower in 1983 and eventually led to four more developments by Metropolitan in Baltimore.

 

Development Timeline

Metropolitan’s initial projects were 1101 Pennsylvania Avenue, Tyson’s International Plaza and Fairfax Square. Together, these projects totaled over one million square feet and were completed by 1991.

With the development of Fairfax Square which involved 150,000 square feet of luxury retail, Metropolitan forged relationships with a number of specialty retailers. These relationships led to developments from Florida to New York for clients such as Tiffany & Co., Hermes of Paris, Saks Fifth Avenue, and Lacoste.

As Metropolitan’s expertise in retail grew, further opportunities followed. In 1998, Metropolitan was contracted to provide the development skill necessary for the retail repositioning of 1500 Broadway located in the heart of Times Square. The three year long project culminated in the five floor construction of the studios for ABC and the Disney Studio.

In 1998, Metropolitan formed a joint venture with Koll Development Company, the nation’s fifth largest office developer, to develop over 400,000 square feet of first-class office buildings in Northern Virginia. These developments quickly pre-leased and became the corporate headquarters of XO Communications and Net2000.

Expanding on its retail relationships, Metropolitan then developed a 900,000 sf open air center in Richmond, Virginia anchored by Target, Regal Cinemas, and Golds Gym.

In 2011, Metropolitan joined with Hilton Worldwide in response to the General Service Administration’s request for proposals to redevelop the Old Post Office at 1100 Pennsylvania Avenue, Washington D.C.  The Hilton-Metropolitan submission to the GSA included Hilton’s iconic branding as a flagship Waldorf Astoria hotel.

As consolidation of space became a mandate for many heavy office use clients, in 2012 Metropolitan  became the “go to” source for office to residential conversions. With the purchase of 10 Light Street in the Historic Financial District of Baltimore, Metropolitan began the two-year process of converting 520,000 sf of office to 419 apartments on 34 floors. As the project neared completion, Metropolitan formed a collaboration with Under Armour to construct a 40,000 sf Under Armour Performance Center on the lower floors of the building. The project has received multiple awards including Baltimore development of the year.

Having introduced Metropolitan to this opportunity, Bank of America again introduced Metropolitan to a vacant eleven-story office tower on the campus of the University of Maryland, Baltimore. The conversion took less than two years and resulted in the production of 395 apartments with executed leases of over 95%.